5. Avoid buying games for phones. There is a wide range of free games available in the app stores. Download them for free and start playing.

6. Get your haircuts at hair institutes where student hairdressers cut hair under the supervision of teachers at a highly discounted price.

7. Swap expensive habits like smoking and gambling for cheerful and cheap hobbies like blogging, gardening, cooking or reading.

8. Before going on a road trip, pack your snacks and lunches at home. Roadside convenience stores charge way more than normal supermarkets and malls.

9. Exchange luxury times in the bathtub for short showers to save on your water bills.

10. When electrical appliances are not in use, unplug the cables at the powerpoint instead of leaving them in standby mode.

Image by Hana Kirana via Wikimedia Commons

11. Opt for water instead of coke or any other fancy drinks. Not only is this approach more wallet-friendly but is also a healthy way of sating your thirst.

Image by cherishsantosh via Wikimedia Commons

12. Cull the habit of buying new electronic gadgets regularly. If yours still works then continue to use it. This attitude will save money as well contribute towards a reduction (even in a small way) in the electronic waste dumped on third world countries. Being economical can also make you more eco-friendly.

13. Pay bills online to save time, energy and fuel costs on making trips to the post office to make payments.

14. Be perceptive while deciding upon your phone plans as well as the data plan, be reasonable and savvy. There is no need to get a costly phone plan with 2GB data if you do not frequently use these benefits.